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Accountant (Interior Fit-out Company)

7 months ago

Dubai, United Arab Emirates New Evolution Interior Decoration LLC Full time

**Financial Recordkeeping**:

- Maintain accurate and up-to-date financial records, including ledgers, journals, and general accounts.
- Prepare and review financial statements, ensuring compliance with accounting principles and company policies.
- Monitor and reconcile bank statements, credit card transactions, and other financial data.

**Budgeting and Forecasting**:

- Collaborate with project managers and department heads to develop project budgets and forecasts.
- Assist in preparing financial projections, cost estimates, and budget variance analysis.
- Track actual expenses against budgeted amounts and provide regular updates to management.

**Accounts Payable and Receivable**:

- Process and manage vendor invoices, ensuring accurate coding and appropriate approval.
- Coordinate with procurement and project teams to verify vendor invoices and resolve discrepancies.
- Issue client invoices, track receivables, and follow up on overdue payments.

**Expense Management**:

- Review and analyze expenses for efficiency and cost-saving opportunities.
- Implement expense control measures and provide recommendations to management.
- Monitor company-wide spending to ensure adherence to budgetary constraints.

**Tax Compliance**:

- Prepare and submit accurate tax returns, including VAT/GST and other relevant taxes.
- Stay updated on tax regulations and changes to ensure compliance and minimize tax liabilities.
- Assist in tax audits and provide necessary documentation to tax authorities.

**Financial Analysis**:

- Conduct financial analysis to support business decisions, such as profitability analysis and investment evaluations.
- Interpret financial data and trends, providing insights and recommendations to enhance financial performance.

**Month-end and Year-end Closing**:

- Facilitate the month-end and year-end closing processes, ensuring timely and accurate financial reporting.
- Prepare journal entries, accruals, and adjustments as needed to maintain accurate financial records.

**Internal Controls and Auditing**:

- Implement and maintain internal control procedures to safeguard company assets and ensure accurate financial reporting.
- Assist with internal and external audits by providing documentation and explanations as required.

**Software and Systems**:

- Utilize accounting software (e.g., Microsoft Dynamics 365, Sage, SAP, or others) proficiently to record transactions and generate reports.
- Identify opportunities for process automation and efficiency improvements within the accounting function.

**Collaboration and Communication**:

- Collaborate with cross-functional teams, including project management, procurement, and senior management, to ensure financial alignment.
- Communicate financial information clearly and concisely to non-financial stakeholders.

**Qualifications**:

- Bachelor's degree in Accounting, Finance, or a related field.
- Professional certification (e.g., CPA, ACCA) is preferred.
- 5 to 8 years of relevant accounting experience, with a background in construction or interior fit-out industry preferred in UAE.
- Proficiency in accounting software and MS Excel.
- Strong understanding of accounting principles, tax regulations, and financial reporting standards.
- Excellent analytical, communication, and interpersonal skills.

Ability to commute/relocate:

- Dubai: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- Accounting: 5 years (preferred)